Settings8H · net · $10k
Funding arb · Price arb /

GBP

RWAall GBP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.023%
Price spread now: Vest against Nado−0.090%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · Vest: Active · farm boardneeds both histories
Funding pays, the price is against you. Vest is 0.090% cheaper against Nado than usual: you would sell low and buy high (spread −0.090% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 9.3 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado GBPUSD-PERP1.33710.0006pay 0.0001% / 1h46m 38s$16K$1K40x
ShortVest GBP-USD-PERP1.33590.0038get 0.0005% / 1h46m 38s$5K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Nado. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$6.79
Price spread: −0.090% → 0.000%
−$9.05
Slippage, 4 orders
no order book: not counted
Fee Nado: 0.7 bp × 2 orders
−$1.4
Fee Vest: 1 bp × 2 orders
−$2
Net
−$5.66
Costs to cover
0.034%
Break-even
12.8 days
Slippage unknown: Nado: no order-book sample; Vest: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado no order-book sample
Sell Vest no order-book sample
Nado and Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

GBP on 13 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi GBP/USDT-P−0.0008%1h1.3371−0.003%$24K$44K20xas long as short
tradeXYZ xyz:GBP0.0000%1h1.3369−0.017%$257K$357K50xas long as short
Lighter GBPUSD0.0000%1h1.3364−0.057%$224K$1.0M50xas long as short
Bybit GBPUSDUSDT0.0000%8h1.3381+0.071%$247K$104K100xas long as short
Gate GBPUSD_USDT0.0000%8h1.3394+0.170%$222K$14K100xas long as short
Bitget GBPUSDUSDT0.0000%8h1.3366−0.039%$12K$6K100xas long as short
SunX GBPUSD-USDT0.0000%1h1.3371−0.002%$1.7M10xas long as short
Kraken Futures PF_GBPUSD0.0000%1h1.3363−0.059%$99020xas long as short
HTX GBPUSD-USDT0.0000%1h1.3345−0.196%$5K$337K20xas long as short
Nado GBPUSD-PERPlong+0.0006%1h1.3371long leg$16K$1K40x
Show all 13 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective GBPUSD/USDC PERP+0.0033%1h1.3504+0.990%$11K$72K101xas long as short
Vest GBP-USD-PERPshort+0.0038%1h1.3359−0.090%$5K100x
MEXC GBP_USDT+0.0098%4h1.3369−0.017%$26.3M$310K100xas long as short